Property prices for sale in Forbes (New South Wales)
The prices in real estate in Forbes, in the New South Wales region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in Forbes has increased strongly during the last 6 months. In October, the average price per m² was . In the following month the price per m² increased considerably to $35,167. The price for the following two months in (December, January) had a considerable decrease of 1 with regard to the prior two months. The price per m² has had a considerable deflation of 3 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $8,865.5 to $293.5 during February, and March.
Based upon to the price in Forbes (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching $235,000. During the following two months (December, January) the average price had a considerable increase of 190 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 183 % during the last two months.
